insurance company

Selecting the Right Car Insurance

All car owners require car insurance to protect their vehicle from any inconvenience, but purchasing an an auto insurance policy can be confusing.

NYC sued over lost high-priced belt buckle

New York -- An insurance company is suing New York City over a $187,000 belt buckle one of their clients claimed was lost while he was locked up in jail last year.

The bejeweled gold buckle belonged to businessman George Bardwil, who said it was not returned to him after he was released from custody following his arrest on charges he assaulted his housekeeper.

Chubb Indemnity Insurance paid off Bardwill and now wants to be reimbursed by the city for allegedly failing to return Bardwill's property as they were duty bound to do, the New York Daily News said Saturday.

Bardwil, CEO of Bardwil Home linen company, received probation in the assault case. He had no comment on the belt-buckle matter.

Copyright 2010 United Press International, Inc. (UPI).

AIG CEO threatens to quit over pay cut

New York, November 11 -- According to a latest report, Robert Benmosche has threatened to resign as the chief executive of insurance giant American International Group (AIG) (NYSE:AIG), just three months after being appointed as the head of the insurance company that had recently received billions in government aid.

Condolences sent to living soldier's wife

Ottawa -- The wife of a retired and healthy Canadian soldier said she's appalled at receiving a letter of condolence from an insurance company about his death.

Lisa Scott, 45, told the Ottawa Citizen she opened a letter from the insurance company soon after her husband set out on a city bus for a haircut this week and couldn't believe her eyes.

Her husband, Sgt. John Scott, 47, retired from the military in April after 27 years that most recently included two tours in Afghanistan.
Scott said she called her husband on his cell phone and his first response was a laugh and the question "Where are we going to spend the money?"